The trial balance lists the balances for all general ledger accounts. If all activities have been properly
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The trial balance lists the balances for all general ledger accounts. If all activities have been properly recorded, the total of all debit balances in various accounts should equal the total of all credit balances. If they don’t, a posting error has occurred. How can one detect such an error?
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Related Book For
Accounting Information Systems
ISBN: 9781292220086
14th Global Edition
Authors: Marshall B. Romney, Paul John Steinbart
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